Disney Adds to Board, Pares Iger's Bonus

CEO's Pay Down 15% to $34.3 Million

Walt Disney Co. said it was adding Twitter Inc. co-founder Jack Dorsey to its board. The entertainment company also reported that compensation for its chief executive, Robert Iger, fell 15% to $34.3 million in its latest fiscal year.

The appointment of Mr. Dorsey, who is chairman of Twitter and chief executive of online commerce company Square Inc., reflects Mr. Iger's longstanding priority on maintaining strong connections to...